541 4Th St Chuluota, FL 32766
This exceptional 10,500-square-foot flex/warehouse property, located at 541-545 E 4th Street in Reno's vibrant E 4th Street Corridor/Brewery District, presents a unique investment opportunity. Comprising two buildings constructed in 1936, the property boasts a rich history and has undergone significant improvements over the years. Currently, one building houses Ferino Distillery, a thriving local business featuring a cocktail bar, coffee bar, and distillery tours. The remaining 7,000 square feet is available for lease, offering considerable flexibility for a variety of uses. Situated on a 0.25-acre lot (10,875 square feet), the property benefits from street parking. The MD-ID (Mixed-Use Downtown - Innovation District) zoning designation allows for a wide range of commercial and potentially residential uses, making it an ideal location for businesses seeking a dynamic and thriving urban environment. This property offers a blend of historical charm and modern adaptability, making it a compelling investment prospect in a rapidly growing area. The existing tenant provides a stable income stream, while the vacant space presents significant potential for expansion or new ventures. The property's central location and flexible zoning provide a strong foundation for future growth and profitability.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty description
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.